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Theo Francis — financial & investigative journalist

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earnings

U.S. Corporations Increasingly Adjust to Mind the GAAP

The use of figures that exclude certain items is becoming more prominent in corporate filings
The Wall Street Journal
Original publication date: 
Monday, December 14, 2015 - 20:28

A financial obfuscation of the dot-com era is making a comeback: Hundreds of U.S. companies are trumpeting adjusted net income, adjusted sales and “adjusted Ebitda.”

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When tech companies release earnings, people like Mark Zuckerberg and Bill Gates can make or lose billions in a day

$5 billion? That’s, like, a whole lot of hoodies.
Reuters/Rick Wilking
  • Read more about When tech companies release earnings, people like Mark Zuckerberg and Bill Gates can make or lose billions in a day

Apple Just Made $9 Billion (And Investors Are Mad)


by Theo Francis

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My latest posts, articles & citations.

U.S. Businesses Find Welcome Surprises in Tax Bill | The Wall Street Journal | Tuesday, December 19, 2017
20% vs. 22%: The Tension Over Two Points in the Corporate Tax Rate | The Wall Street Journal | Tuesday, December 12, 2017
Companies Push to Repeal AMT After Senate’s Last-Minute Move to Keep It Alive | The Wall Street Journal | Monday, December 4, 2017
For Multinationals, the Tax Bill’s Good Likely Outweighs the Bad | The Wall Street Journal | Friday, December 1, 2017
How Do America’s CEOs Feel About the Tax Plans? They’re Watching the Details | The Wall Street Journal | Tuesday, November 14, 2017
Businesses Push Workers to Mobilize Before Tax Revamp | The Wall Street Journal | Sunday, October 29, 2017
Lobbyists as Directors Test Rules for Corporate Boards | The Wall Street Journal | Tuesday, October 4, 2016
Companies Routinely Steer Analysts to Deliver Earnings Surprises | The Wall Street Journal | Thursday, August 4, 2016
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